$RED
Many people wonder if it is worth accumulating $RED
Well, in my opinion and based on my research, since these are new coins and new projects, there are two sides
1 - The bad side is not knowing how long these projects will last and whether they will be able to stay in the market for a long time.
2 - The good side is that, because they are new projects, many of them have not yet reached a good market cap value, they have not reached 1 billion dollars or more, or close to it, so this could indeed be a good opportunity to generate profits.
Combining these two points, you should evaluate what you actually prefer: investing in already established and dominant cryptos in the market is an intelligent way to invest, like BTC, ETH, SOL, among others.
However, for new ones, I usually choose based on the project, and besides that, I do not invest my entire portfolio; I tend to accumulate little by little, so that I do not feel at a loss in case it goes to 0 or drops sharply.
Managing your portfolio and patience are important for good gains, in addition to outlining strategies. (Take advantage of the drops to enjoy the highs) Good day to everyone 😃